Citigroup cut shares of Deutsche Lufthansa (OTCMKTS:DLAKY – Free Report) from a strong-buy rating to a strong sell rating in a report released on Tuesday morning, Zacks.com reports.
Several other equities analysts have also recently issued reports on the company. Morgan Stanley cut Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, July 10th. Stifel Nicolaus downgraded shares of Deutsche Lufthansa from a “hold” rating to a “sell” rating in a research report on Monday, July 15th. Finally, Barclays raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 1st. Four equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.
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Deutsche Lufthansa Stock Up 0.7 %
Deutsche Lufthansa (OTCMKTS:DLAKY – Get Free Report) last issued its quarterly earnings data on Tuesday, July 30th. The transportation company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.02). Deutsche Lufthansa had a net margin of 2.73% and a return on equity of 11.45%. The firm had revenue of $10.77 billion for the quarter. Equities research analysts anticipate that Deutsche Lufthansa will post 0.91 earnings per share for the current year.
About Deutsche Lufthansa
Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.
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